Before year-end, 1.92 billion consumers — a quarter of the world’s population — will be considered “digital buyers,” with eCommerce sales hitting a share of 13.7% of total global retail sales.
13.7% may not sound like a lot — even if it equates to $3.4 trillion — but by 2040, 95% of ALL purchases are expected to be made online. Take a moment to ponder the potential dollar value of 95% of all world-wide purchases made in a single year. For small and mid-sized businesses hesitant to sell online, like the nearly 50% of American small businesses lacking an eCommerce presence, there has never been a better time. Regardless of what you sell, B2B or B2C, where there is Internet access and willpower, there is a way.
Fortunately, there is plenty of time and space for small and mid-sized businesses to exploit niche opportunities or gain a solid foothold in the general eCommerce arena.
Magento Order Fulfillment
Magento — an Adobe company — is the chosen eCommerce platform for small and mid-sized businesses, as well as massive corporations like Nike, Coca-Cola, and Ford, that prefer creative freedom over out-of-the-box basics. The reason? Magento is a completely open-sourced, fully customizable platform with an impressive developer, technology, and solution provider community backing it. A business can truly bring their vision to life when they choose Magento as their eCommerce platform.
- Special design & implementation bundles offered to small businesses for faster go-lives
- Supports expansion – multiple stores, currencies, countries, languages
- Allows merchants to sell customizable products & digital goods
- B2B & B2C capabilities
- No limits to customization, fully open source
- Massive developer/solution/tech partner community
- Massive integration community
Magento positions itself as a platform for just about any type or size of e-tailer, championing complete customization as one of the top deciding factors. But not every business is really prepared for the amount of time consumption or high-costs associated with making an e-dream come to reality with Magento.
In terms of small and mid-sized organizations, Magento is a good starting point or upgrade for the more established. Having the capital, as well as a couple of tech-savvy, creatives on staff, will ease the transition immensely. That being said – some of the most successful web stores are built on Magento – if creative control is what you want, Magento is the answer.
For omni channel retailers, Magento offers dynamic B2B and B2C solutions through partnerships and integrations with providers like Acctivate Inventory Software. Combining Magento order fulfillment with Acctivate is a powerful solution for omni channel distributors, manufacturers, and retailers seeking growth and more advanced inventory functionalities.
Magento Order Fulfillment & Acctivate
Acctivate is most powerful when working with multi-channel sales (eCommerce, EDI, over-the-phone, counter, etc.), pulling each active individual channel into a single, central hub (Acctivate). For small and mid-sized businesses seeking to incorporate more revenue streams beyond eCommerce, Acctivate is an incredibly valuable, scalable solution.
Magento is a sophisticated platform but can’t offer the same level of functionality and capabilities that an order management software can. Acctivate enhances Magento order fulfillment operations, offering store owners access to an array of inventory and business management features and tools necessary for optimizing and growing.
Magento Order Fulfillment: How it Works
One of Magento’s most compelling traits is the access it provides to an extensive list of technology partners and solution providers. While some platforms struggle to operate at full speed when loaded with integrations, Magento handles integrations and operational scaling with ease. When multi-channel distributors pair Magento with Acctivate, the end-product is often the most affordable, efficient, and logical solution available.
Automatically syncing at set intervals, Acctivate pulls orders, tracking, and customer information from Magento while simultaneously updating web store inventory availability. Regular inventory updates prevent inaccurate inventory availability and in turn, customer purchasing of unavailable items, protecting bottoms lines and discouraging lost sales.
Without proper Magento order fulfillment, a business selling through a web store, at a physical location, to EDI trading partners, and over-the-phone easily becomes bogged down in inaccuracies, data re-entry, and general inefficiencies. Instead of spending hours a day, every day, just to confirm orders placed are correct, Acctivate’s Order Manager offers efficiency, speed, control, and no manual data re-entry.
Acctivate’s Order Manager merges differentiating sales channel data and information in real-time, providing a central location for a user to easily filter, sort, and prioritize orders. This eliminates the need for manual order re-entry that usually comes with operating multiple channels through a disjointed system. With Acctivate, online orders begin processing the minute a purchase is completed, and inventory is updated throughout the system, allowing for simultaneous orders from other channels to be processed confidently at the same time. Online orders can also be processed quickly in batches with just a few clicks. Back/pending orders can be released for shipment at any future time.
Order Manager allows a business to assess current fulfillment actions per channel independently, basing fulfillment prioritization on availability, team, and requirement needs. Acctivate as an order fulfillment solution for Magento ensures orders are never lost in communication.
With Magento Order Fulfillment + Acctivate
- Secure financials with a bi-directional QuickBooks integration
- Control inventory across multiple physical and virtual locations
- Allow automatic web store syncs at intervals of 5, 15, 30, or 60 minutes
- Bolster inventory forecasting, operational planning, and decision making by pairing Acctivate’s Business Intelligence with Magento’s built in web store analytics
- Integrate with preferred shipping carrier(s)/solution (UPS, FedEX, USPS, StarShip, ShipStation, DHL)
- Access Drop Ship & 3PL support if needed
Magento Order Fulfillment for QuickBooks
Acctivate Inventory Software offers a seamless bi-directional integration with QuickBooks, allowing businesses to maintain and secure financials within QuickBooks, while adding advanced inventory, order, and business management capabilities.